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First Horizon FHN Wholesale — Trust services and investment management

Other segment segments

Commercial, Consumer & Wealth
$13M+8.3%
Corporate
$1M0.0%

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WSBCTrust And Investment Services — Revenue
$8.62M+11.1%

Other financials

Income statement

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Revenue$887.0M+6.9%
Net income$270.0M+12.0%
EPS (diluted)$0.54+20.0%

Balance sheet

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Total debt$4.3B-10.0%
Total equity$9.2B+2.3%
Total assets$84.4B+2.9%

Cash flow

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Operating cash flow$585.0M+605%
CapEx$19.0M+111%
Free cash flow$566.0M+665%

Valuation

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Market cap$12.42B+14.0%
P/E11.8×-1.2×
P/S3.5×+0.1×

Profitability

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Net margin29.9%+3.6pp
FCF margin30.4%

Returns & leverage

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Return on equity11.6%+2.1pp
Debt / equity0.5×-0.1×

Where this comes from

Reported directly by First Horizon in its filing.

Tagged under the XBRL concept fhn:TrustServicesAndInvestmentManagement.

The source filing: First Horizon’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000036966-26-000155
(Dollars in millions)Commercial, Consumer & WealthWholesaleCorporateConsolidated
Brokerage, management fees and commissions3131
Card and digital banking fees16218
Other service charges and fees1515
Deferred compensation income1515
Trust services and investment management13114
Mortgage banking income99
Other income (b)821020
Total noninterest income$123$58$30$211

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's wholesale — trust services and investment management?
First Horizon (FHN) reported wholesale — trust services and investment management of $0 in Q2 2026.
What does wholesale — trust services and investment management mean?
Revenue derived from fiduciary services, wealth management, and investment advisory functions provided to wholesale and institutional clients. It reflects the bank's capability to manage assets and provide trust-related administrative support.

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